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EIN 43-1350262

Missouri Innovation Center

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Columbia
State
Missouri
Year formed
1984
Most recent tax filings
2023-06-01
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
Description
Missouri Innovation Center nurtures entrepreneurs and provides assistance in launching new ventures. Currently, 17 resident clients and 12 non-resident clients are engaged with Mic, which operates an incubator space. To offset the costs of running the incubator space, Mic collects rents from the companies with whom it has a contract.
Total revenues
$586,727
2023
Total expenses
$697,693
2023
Total assets
$801,037
2023
Num. employees
0
2023

Program areas at Missouri Innovation Center

Assist entrepreneurs in launching new ventures. Mic engaged with 17 resident clients and 12 non-resident clients. Mic has a contract to operate an incubator space and collects rents from the companies to offset the costs of running the incubator space. We had three companies graduate from the incubation program. Assist entrepreneurs in raising grants and equity capital. Mic's clients raised $17.9 million in private capital and $3 million in governmant capital (sbir/sttr grants). Job creation by client companies. Mic's clients created 40 actual jobs and an additional 40 indirect jobs.

Who funds Missouri Innovation Center

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Missouri Technology Corporation (MTC)MTC Granted Funding for the Operation of An Innovation Center in Columbia, Missouri$0

Personnel at Missouri Innovation Center

NameTitleCompensation
Bill TurpinPresident and Chief Executive Officer$0
Quinten MessbargerInterim President and Chief Executive Officer$0
Mark GingrichTreasurer$0
Jeff LashleyVice Chair and Secretary$0
David KellerChairman$0
...and 2 more key personnel

Financials for Missouri Innovation Center

RevenuesFYE 06/2023
Total grants, contributions, etc.$0
Program services$581,387
Investment income and dividends$6,534
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$-1,194
Total revenues$586,727

Form 990s for Missouri Innovation Center

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-03990View PDF
2022-062023-05-12990View PDF
2021-062021-10-31990View PDF
2020-062021-02-22990View PDF
2019-062020-12-21990View PDF
...and 10 more Form 990s
Data update history
July 9, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 27, 2023
Used new vendors
Identified 1 new vendor, including
May 22, 2023
Received grants
Identified 1 new grant, including a grant for $159,860 from Missouri Technology Corporation (MTC)
August 9, 2022
Posted financials
Added Form 990 for fiscal year 2021
August 3, 2022
Received grants
Identified 1 new grant, including a grant for $159,859 from Missouri Technology Corporation (MTC)
Nonprofit Types
Business and community development organizationsResearch centersCharities
Issues
Science and technologyBusiness and industry
Characteristics
Conducts researchState / local levelManagement and technical assistanceTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
1601 S Providence Rd
Columbia, MO 65203
Metro area
Columbia, MO
County
Boone County, MO
Website URL
missouriinnovation.com/ 
Phone
(573) 884-0496
IRS details
EIN
43-1350262
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1984
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
NAICS code, primary
5416: Professional, Scientific, and Technical Services
Parent/child status
Independent
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